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IRONWORKERS USA FEDERAL CREDIT UNION

Jun, 30, 2021 — IRONWORKERS USA FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 3 branch locations and about $67.27 million in total assets. Opened 61 years ago in 1960, IRONWORKERS USA FEDERAL CREDIT UNION has about 8,247 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:IRONWORKERS USA FEDERAL CREDIT UNION
Address:
(Main Office)
11620 NE AINSWORTH CIR
PORTLAND, OR 97220
Phone:(503) 774-3848
Fax:
Website:http://www.ironworkersfcu.org
Branches:3 branch locations
Members:8,247
Credit Union Type:Federal Credit Union
Charter Number:13649
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$67,271,827
CEO/Manager:Teri M Robinson
Chairperson:Robert Camarillo

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,402,657
TOTAL INVESTMENTS 168,654
Loans Held for Sale 0
 
 Real Estate Loans 2,104,192
 Unsecured Loans 4,225,039
 Other Loans 46,663,821
 TOTAL LOANS 52,993,052
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -506,854
 Land And Building 0
 Other Fixed Assets 201,762
 NCUSIF Deposit 454,569
 All Other Assets 557,987
  TOTAL ASSETS 67,271,827
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 609,300
 Accounts Payable & Other Liabilities 274,306
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,512,789
 Regular shares 20,632,795
 All Other Shares & Deposits 28,720,108
  TOTAL SHARES & DEPOSITS 60,865,692
  TOTAL LIABILITIES 61,749,298
 Regular Reserve 466,273
 Other Reserves 0
 Undivided Earnings 5,056,256
  TOTAL EQUITY 5,522,529
  TOTAL LIABILITIES, SHARES, & EQUITY 67,271,827
INCOME & EXPENSE  
 Loan Income 1,741,331
 Investment Income 3,154
 Other Income 335,046
 Total Employee Compensation & Benefits 666,110
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 679,355
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 252,000
 Cost of Funds 307,729
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 598,752
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